JEDDAH: Saudi Arabia’s Al-Baha region has unveiled SR89 million ($24 million) in industrial projects aimed at attracting investment, creating jobs, and developing its mining and small and medium enterprises sectors.
Prince Hussam bin Saud bin Abdulaziz, governor of the southwestern region, inaugurated several infrastructure and utility projects at the First Industrial City in Al-Baha, part of efforts to strengthen the local industrial and investment environment.
The launch was attended by Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef, who also chairs the Saudi Authority for Industrial Cities and Technology Zones, known as MODON, along with its CEO Majed bin Raed Al-Argoubi, according to a statement.
Al-Baha holds significant untapped mineral wealth, which Saudi Arabia aims to explore as mining emerges as a key driver of economic diversification under Vision 2030.
The Ministry of Industry and Mineral Resources recently highlighted the region’s deposits of precious and base metals — including gold, silver, copper, zinc, and lead — alongside industrial rocks and ornamental stones such as feldspar, marble, and pozzolan, estimating the value of these resources at SR285.4 billion.
